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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (81986)9/3/2010 8:41:55 AM
From: ChinuSFO  Read Replies (2) | Respond to of 149317
 
The better-than-expected job numbers strengthens my belief that the " gloom and doom" picture by the MSM is totally false and that it could be a conspiracy to shape the outcome of the elections. As more and more folks tune in to the elections and as they g et back to their jobs by the time election comes around, the election outcome will be very different and more favorable to the WH than the polling pundits are predicting.

Just my few cents for the day



To: Road Walker who wrote (81986)9/3/2010 3:10:00 PM
From: tejek  Read Replies (1) | Respond to of 149317
 
* As a reminder of just how important the GOP considers Florida's gubernatorial race, the Republican Governors Association will transfer $2 million to the Florida Republican Party, to be used for attack ads against Democratic nominee Alex Sink



To: Road Walker who wrote (81986)9/3/2010 3:58:20 PM
From: tejek  Read Replies (2) | Respond to of 149317
 
Thanks for the Reich article. I need to think more about it before responding.

FL-22: Just how crazy is Allen West?

ShareNew 0by Barbara Morrill
Mon Aug 30, 2010 at 04:10:05 PM PDT

During a political season where you can't swing a dead cat without hitting an out-of-control, extremist Republican, Allen West, Florida's 22nd District candidate, is giving the Sharron Angles and Rand Pauls of the world a run for the crazy money.

With West's suggestion to send people to the morgue, him telling supporters to make his opponent "scared to come out of his house," his belief that bumper stickers that call for tolerance causes terrorism, and his accusation that a campaign tracker was using "Gestapo-type intimidation tactics," by videotaping him, it's hard to believe that West could seem much nuttier. He can.

Because candidate West is now providing a weekly assessment of his campaign and ... well, see if you can find where West is assessing his campaign:

From henceforth ... to unseat the inept Florida Congressman ... a sure sign of desperation ... his insidious advertisement ... no regard for working American families - certainly not any member of the Serf class who would dare challenge little Lord Ron ... it reveals how much respect this cretin has for our Military Veterans and their families ... I will take pure pleasure in defeating Klein ... the snippy little liberal chihuahuas came out to bark at my ankles ... Message to all liberals, name calling and petulant simpleton gimmicks dare not distract me from my mission; destroying the liberal progressive socialist machine and its legislative agenda ... You will find that this Conservative will parry your weak punches and deliver knockout blows. If it is a fight for America you seek, you came to the right place ... and shall find yourselves fleeing in utter desperation, same as the pathetic liberal Congressman against whom I run. I invite all of you into the arena where this intellectual Warrior awaits you on the field of combat for principles of governance and ideals.

... unless West is assessing how much of a lunatic he really is. In which case, mission accomplished.



To: Road Walker who wrote (81986)9/3/2010 3:59:26 PM
From: tejek  Read Replies (1) | Respond to of 149317
 
I am not sure I posted this article or if you saw it.

Jobs recovery is stronger than past recessions

A jobless recovery? Hardly.

By historical standards, the labor market is recovering nicely -- job growth has started earlier than in past recessions.

But the unemployment problem isn't going away. An especially tough recession has raised the bar on the amount of job growth needed to recover, magnifying the pain of the struggling labor market.

"If you had a severe recession, you tend to have a strong recovery," said Robert Brusca of FAO Economics. "So far that hasn't happened."

The unemployment rate hit a high-water mark of 10.1% in October 2009 and has since fallen to 9.5%. Payrolls began growing in November and, excluding the impact of temporary census jobs, the economy has added jobs every month since January.

That's a much quicker peak than previous job market recoveries.

After the 1990-91 recession ended, the economy lost nearly 300,000 additional jobs in the 11 months that followed. And the 2001 recession was followed by a so-called jobless recovery that lasted for nearly two more years.

"Sustained, positive job formation began earlier in this recovery than in the prior two recoveries," said Lakshman Achuthan, managing director of Economic Cycle Research Institute.

But today's economy is different. The problem is that the damage done during the Great Recession was so severe, it will take a lot more growth than normal to dig the job market out of its hole.

There were 8.4 million jobs lost in 2008 and 2009 -- roughly 7% of all jobs at the start of the recession. That compares to a loss of 3.1% of all jobs during the 2001 recession and the jobless recovery that followed, and only 1.9% of jobs lost during and after the 1990-91 recession.

And there are concerns about the fact that job growth has slowed dramatically from the spring of this year when employers were adding about 200,000 workers a month to payrolls. Even at that pace of hiring, it would take more than three years to get jobs back to pre-recession levels.

Right now, it's not even close. Overall payrolls, excluding the temporary boost from census jobs, have increased by an average of just 12,000 jobs a month over the last three months.

And as the government prepares to release its August jobs report on Friday, economists, employers and job seekers are all watching with bated breath.

Brusca said given the fact that job losses took place throughout 2008 and 2009, it's still too soon to conclude whether the recovery is going to come up short. He's still hoping growth picks up in the fall as businesses start to gear up for the holiday shopping period.

"The summer is not the time you want to be taking the temperature of the economy," he said. "Come September and October, if the data is still weak, I'll sing a different song."


But the weaker numbers of late have sparked fears that the nascent jobs recovery could stall out and the economy could topple into a double-dip recession.

Heidi Shierholz, labor economist for the Economic Policy Institute, thinks another shot of stimulus spending by the federal government is called for in order to avoid more job losses.

"We owe the growth we have seen to the measures that the Fed and Congress took in early 2009," she said. "It's great to put the brakes on the jobs losses of last year, but we need to do more."


finance.yahoo.com



To: Road Walker who wrote (81986)9/3/2010 5:42:17 PM
From: Wharf Rat  Read Replies (1) | Respond to of 149317
 
"The median male worker earns less today, adjusted for inflation, than he did 30 years ago.

But for years American families kept spending as if their incomes were keeping pace with overall economic growth. And their spending fueled continued growth. How did families manage this trick? First, women streamed into the paid work force. By the late 1990s, more than 60 percent of mothers with young children worked outside the home (in 1966, only 24 percent did)."

What happened in 1970?
US oil production peaks

'71?

In March 1971, the balance of power shifted. That month the Texas Railroad Commission set proration at 100 percent for the first time. This meant that Texas producers were no longer limited in the volume of oil that they could produce. More importantly, it meant that the power to control crude oil prices shifted from the United States (Texas, Oklahoma and Louisiana) to OPEC. Another way to say it is that there was no more spare capacity in the U.S. and therefore no tool to put an upper limit on prices. A little over two years later OPEC, through the unintended consequence of war, obtained a glimpse of the extent of its power to influence prices.
wtrg.com

'73?
en.wikipedia.org

That's why everything changed.

Bobby doesn't get it. You can't end this thing without dealing with energy. You can't write about stopping it without using the en word. Well, you can; he just did.